Is Powell Just Hawkish?

The market is going to trade between 36 hundred and forty 800 for an extended period of time. The extent of those barish positions we have not seen since two thousand inait. I don't want to come across as overwhelmingly bullish, where i think we're taking it. We continue to expect the the fed to slow the pace of rathikes to 50 in september and 25 in november and december. That's a bullish senaried for the market es so that that's where you return to the 200 day moving average. But back to jan's note, if in fact, the federal reserve chairman is indicating that, guess what, 75 basis point hikes, that